Duff & Phelps, the global advisor that protects, restores and maximizes value for clients, today announced that Lee & Ko has joined Duff & Phelps’ Transfer Pricing Alliance. Lee & Ko is one of South Korea’s premier full-service law firms with a prominent tax practice.

Duff & Phelps formed its Transfer Pricing Alliance to align with leading transfer pricing firms and practitioners around the world to better serve the global needs of its clients. Members of the Duff & Phelps Alliance Network understand the nuances of developing effective transfer pricing policies and are conversant in the specific transfer pricing requirements within their countries.

Jill Weise, Managing Director and Global Leader of Duff & Phelps’ Transfer Pricing practice, commented, “Lee & Ko brings valuable experience and expertise that will strengthen our transfer pricing capabilities in Korea and across the globe. As Korea is witnessing aggressive transfer pricing scrutiny by tax authorities, this alliance will provide multinational groups operating in South Korea with robust transfer pricing solutions from a local perspective, especially in the fields of representation, compliance and dispute resolution.”

Jay Shim, co-head of the Tax Group and practice leader of the International Tax Practice at Lee & Ko, adds, “Being part of the Duff & Phelps Global Transfer Pricing Alliance will enable us to enhance our transfer pricing service offering to the clients of both Lee & Ko and Duff & Phelps, and proactively respond to the post-BEPS challenges with both local and global transfer pricing implications for multinational enterprises. Duff & Phelps is a respected and widely recognized leader in transfer pricing and this strategic alliance reflects the growing importance of having the capability to support clients on a global level as their businesses grow.”

Duff & Phelps, Lee & Ko and the Duff & Phelps Alliance Network comprise highly respected practitioners that provide transfer pricing compliance, planning and controversy support to multinational companies and their affiliates in nearly every industry and in over 60 countries.

About Duff & PhelpsDuff & Phelps is the global advisor that protects, restores and maximizes value for clients in the areas of valuation, corporate finance, investigations, disputes, cyber security, compliance and regulatory matters, and other governance-related issues. We work with clients across diverse sectors, mitigating risk to assets, operations and people. With Kroll, a division of Duff & Phelps since 2018, our firm has nearly 3,500 professionals in 28 countries around the world. For more information, visit www.duffandphelps.com.

About Lee & KoLee & Ko is South Korea’s premier law firm and one of the largest law firms in South Korea in terms of total revenue and the headcount of professionals. It is comprised of approximately 750 professionals, including over 120 foreign lawyers, CPAs, former officers from Ministry of Strategy and Finance, NTS, and former Justice from the Supreme Court of Korea.

Lee & Ko’s tax practice has been consistently recognized as top-tier in various international legal magazines and publications for many years. For the most recent year, it was ranked the top tier across all 15 practice areas including tax by Legal 500 Asia Pacific 2019. Lee & Ko’s Tax Group is comprised of more than 80 professionals with various backgrounds, including former members of the Judiciary, former NTS attorney and tax auditors, former officials of Ministry of Finance, former officials of Board of Audit and Inspection, and former partners and senior-level CPAs from big 4 accounting firms. For more information, visit www.leeko.com.